SPO20001: Sports Marketing Plan for Wollongong Wasps - Part A
VerifiedAdded on 2023/05/30
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Report
AI Summary
This report outlines a sports marketing plan developed for the Wollongong Wasps, a new entrant in the Women's National Basketball League (WNBL). The plan, designed for a six-week period, aims to increase sales revenue through membership, sponsorship, attendance, and brand extensions. The report analyzes the external environment using Porter's five forces to assess competitive intensity, buyer power, product substitutability, supplier power, and competitive opposition. It also conducts an internal SWOT analysis to evaluate the team's strengths, weaknesses, opportunities, and threats. Furthermore, the plan incorporates market intelligence to segment the target audience based on demographics, motivation, psychographics, and behavior. The mission is to boost sales revenue through various channels. Objectives include increasing club membership, raising team awareness, maximizing ticket sales, and securing sponsors. The report concludes by highlighting the application of marketing intelligence and the use of Porter's five forces and SWOT analysis to formulate a successful marketing strategy for the team.
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